Secretary Liu Speaks at the BFA
The Boao Forum for Asia Annual Conference 2011 was held in Boao, Hainan Province, from April 14 to 16. The conference focused on "Inclusive Development: A Common Agenda and New Challenges.” Secretary Liu was invited to speak at the forum. His address, “Rethinking Education: University Presidents vs. Corporate CEOs,” dealt with education and graduate employment.
The moderator of the session, “Rethinking Education: University Presidents vs. Corporate CEOs,” was Kaifu Lee, chairman and CEO of Innovation Works. Panelists included Chuansheng Liu, Secretary of the University Council of BNU; Richard Brodhead, president of Duke University; Tony Chan, president of Hong Kong University of Science and Technology; Kim Fausing, COO of Danfoss; Jason Li, executive chairman of the US-China Partnership Committee; and Xinsheng Zhang, chairman of CEAIE (Chinese Education Association for International Exchange) and former Vice Minister of Education. More than 150 delegates attended the session, which was reported widely in both the domestic and international media.
Secretary Liu said he believes that there is a growing need in China for highly skilled and internationally-oriented talent. According to McKinney’s 2010 report of China’s looming talent shortage, China has only 5,000 of the 75,000 effective managers it will need over the next five years. The Annual Report on the Development of Chinese Talent 2010 predicted that, within the next three years, medium-sized and large multinationals in China, foreign-funded companies, and Chinese private enterprise will require a fresh injection of two to three million skilled workers. At present, graduates available and qualified to meet this demand number a mere 300,000 per year, which means that 90% of the demand won’t be met. This situation poses a challenge to universities to educate innovative talent.
Secretary Liu said that, to take advantage of the opportunities and meet the challenges posed by increasing globalization, universities need to focus on cultivating innovative talent. Graduates need genuine talent, global vision, teamwork and communication skills, as well as a sense of responsibility. He emphasized that graduates need to be able to change the world while making it more harmonious and prosperous.